Business: Scam: Financial
Credit Sharing Service   (+5)  [vote for, against]
"I could spend that money better than you!"

The idea is to have a firm where you pay a monthly fee, and someone basically "steals" your identity to build up your credit.
-- 21 Quest, Feb 02 2019

You pay to have your identity stolen? If you pay extra, will they burgle you, too?
-- pertinax, Feb 03 2019


It's stolen by a credit improvement expert.
-- 21 Quest, Feb 03 2019


What does this expert do with it? And who handles your overdue bills while he or she is doing it?

Doesn't this end up being a re-invention of debt-consolidation services, which already exist?
-- pertinax, Feb 03 2019


//credit improvement expert// A morally tickled person, whom gets way more money than they can earn, transfers that excess back to where it came from. Of course with a fee.
-- wjt, Feb 03 2019


[+] okay, that's hilarious. Sadly, it's actually a pretty solid business plan. (the "steals" bit isn't necessary - they can just send clients papers to sign and return)
-- FlyingToaster, Feb 03 2019


//Doesn't this end up being a re-invention of debt- consolidation services//

Just curious, but how on [insert planet of your choice] did you get to that question?
-- Skewed, Feb 03 2019


Just followed the voices ...
-- pertinax, Feb 05 2019


<old joke> "Someone stole the daughter's credit card last week." "Did you report it?" "Nah, they're spending less than she does."<\oj>
-- MaxwellBuchanan, Feb 05 2019



random, halfbakery